MALI RENAMES COLONIAL FRENCH STREET NAMES. (PHOTO).

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 Mali renames colonial French street names Mali followed Burkina Faso and Niger on Wednesday in renaming streets and squares in its capital to get rid of their French colonial names, AFP reported. Streets bearing the names of members of France's colonial administration have been rebaptised in Bamako, according to a decree by the junta chief. Cedeao Avenue (the French acronym for the Economic Community of West African States or ECOWAS) is also now named after a new strategic confederation that Mali has formed with Burkina Faso and Niger – the Alliance of Sahel States (AES). In all, nearly 25 names have been replaced, among them boulevards, streets, squares and public establishments. Niger and Burkina Faso have already made several changes to street and monument names in the last two years. In October, Niger renamed several historic sites in its capital Niamey which previously bore references to old colonial master France. Mali has been ruled by the military since back-to-back coups ...

FG TO LAUNCH NEW OIL BLOCK LICENSING ROUND IN 2025, AS WINNERS OF 2024 EXERCISE ARE ANNOUNCED TODAY.(PHOTO).


 FG to Launch New Oil Block Licensing Round in 2025, As Winners of 2024 Exercise Are Announced Today


The Nigerian Upstream Regulatory Commission (NUPRC) has confirmed plans for a new oil bidding round in 2025, aimed at attracting investments, boosting oil and gas reserves, and enhancing Nigeria’s production capacity. NUPRC’s Chief Executive, Engr. Gbenga Komolafe, revealed that the 2025 round would focus on undeveloped fields and natural gas development to align with Nigeria’s UN Sustainable Development Goals.


Speaking at the 2024 Licensing Round Commercial Bid Conference in Lagos, Komolafe emphasized that the 2025 exercise would unlock Nigeria’s hydrocarbon potential, drive economic growth, and attract investors. He added that the NUPRC aims to responsibly and sustainably develop the nation’s oil and gas resources.


Meanwhile, the winners of the 2024 Licensing Round, which launched in May, will be announced today. This year’s round featured 24 carefully selected blocks, with a total of 31 blocks available, including seven carried over from the 2022 Mini Bid Round. The 2024 exercise is designed with a focus on transparency, accountability, and environmental responsibility.


Komolafe also highlighted the importance of collaboration between local and international companies, promoting local content, and creating employment. The NUPRC’s initiatives aim to drive exploration and development, ensuring Nigeria’s position as a leading energy player.

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